RDB Infrastructure and Power Limited Secures Rs 73 Crore Construction Contract for Primarc Aadvika Project

Kolkata (West Bengal) [India], February 12: RDB Infrastructure and Power Limited (formerly RDB Realty & Infrastructure Limited) has announced that it has entered into a non-binding Letter of Intent with Primarc Projects Private Limited for the execution of sub-structure and super-structure construction works for the proposed residential development “Primarc Aadvika,” located at Shibpur, Howrah, West Bengal. The project spans an estimated development area of approximately 5 lakh square feet and represents a significant addition to the company's order book in the construction segment.

The total contract value stands at ₹73 crore, excluding applicable taxes. The order has been awarded by a domestic entity and covers comprehensive structural construction services, reflecting RDB Infrastructure and Power Limited's technical capabilities and execution strength in large-scale real estate projects. The company confirmed that neither its promoters nor group companies have any interest in the awarding entity, and the contract does not fall under related-party transactions, ensuring that the deal has been secured on an arm's-length basis in line with regulatory standards.

As per the agreed terms, work on the project is scheduled to commence within nine months from 11 February 2026 and is expected to be completed within 30 months from the date of commencement. This defined execution timeline highlights the company's focus on timely project delivery and operational efficiency. The new order reinforces RDB Infrastructure and Power Limited's growing presence in the infrastructure and construction sector and aligns with its strategic objective of expanding its project portfolio while delivering high-quality developments for reputed clients across key urban markets.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

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